Nvidia invests $100B in OpenAI
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OpenAI, the creator of ChatGPT, is securing up to $100 billion in investment from Nvidia. This funding will significantly expand OpenAI's data center infrastructure, powering ChatGPT's 700 million weekly users and requiring 10 gigawatts of power. The investment reflects a bet on improving AI product capabilities and financial returns. The announcement boosted Nvidia's stock price and contributed to broader market gains, despite economic slowdown concerns.
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